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Gold LBMA Spot

Weakness likely to extend as prices cleared the stiff support of $1900. Consistent trades above $1948 likely to negate the view.

Silver LBMA Spot

Prices remain choppy inside $23-22.20 levels and breaking any of the sides would suggest fresh directions for the day.

Crude Oil NYMEX

It is required to break above $82 to extend recovery upticks. Else, weak bias would continue the day.

Gold KG Oct

Expect to continue the bearish momentum initially. A direct rise above Rs 59200 is a sign of immediate recovery upticks.

Silver KG Sep

As long as Rs 69200 remains holds, there are chances of mild recovery upticks. A direct drop of which would extend liquidation.

Crude Oil Aug

If unable to move past Rs 6750 there are chances of weak bias to continue the day. A direct rise above Rs 6900 is sign of reversal.

Natural Gas Aug

A direct turn above Rs 230 would negate the present weak bias. However, stiff support is placed at Rs 210.

Copper Aug

Choppy with mild recovery bias expected day. A direct drop below Rs 720 likely to extend liquidation pressure.

Nickel Aug

Expect choppy with thin volume trading in the near future.

Zinc Aug

Expect weak momentum to continue the day. Consistent trades above Rs 222 is a sign of recovery rallies.

Lead Aug

An unexpected drop below Rs 182.50 would extend selling pressure. Else, choppy trading is on the cards.

Aluminium Aug

If unable to break the support of Rs 196 there are chances of recovery upticks. A direct drop of which may extend weakness.

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